Why U.S. Equities Are Moving Toward a Continuous Market
U.S. equities were built around a daily reset: markets close, information accumulates, and price discovery resumes at the open. That rhythm is breaking. News, risk, and investor participation are global—and…
What Is an ATS? Understanding Alternative Trading Systems
Equity trading no longer occurs in one place. While the traditional exchange-only centralized model is now a multi-venue marketplace, liquidity is dispersed across exchanges, dark pools, electronic communication networks (ECNs),…